Taking into account everything you learned in Chapter 2, describe the best and most ethical way to solve the following problem. Tell me why you believe your answer is best. Then describe any problems or issues you can think of with your own solution to this problem. Your answer should be at least 3 - 4 paragraphs. Spelling, grammar and punctuation count. Also, make sure to reference the concepts from the textbook. In other words, I'm not just looking for your opinion.

Problem (based on my actual experience):

Your company has just been merged with a competitor, and you have been given a promotion so that you now have approximately 40 employees reporting to you. You know some of these employees, but not all because some of them came from the other company. You now have to lay off 10 of the 40 employees. Some of the employess have been in their jobs for over 20 years, and some are relatively new. In the last few years, your company made a concerted effort to improve its minority hiring, so many of the new employees are minorities. How should you decide who to lay off?